need help with following

1.

Shefeld Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials (8 pounds at $3.90 per pound) $31.20 Direct labor (5 hours at $14.00 per hour) $70.00 During the month of April, the company manufactures 270 units and incurs the following actual costs. Direct materials purchased and used (2,100 pounds) $8,400 Direct labor (1,390 hours) $19,182 Compute the total, price, and quantity variances for materials and labor. Total materials variance $ V Materials price variance $ V Materials quantity variance 35 V Total labor variance $ V Labor price variance $ V Labor quantity variance 35 V Manufacturing overhead data for the production of Product H by Maria Company, assuming the company uses a standard cost system, are as follows. Overhead incurred for 45,900 actual direct labor hours worked $417,060 Overhead rate (variable $8; xed $1) at normal capacity of 40,400 direct labor hours $9 Standard hours allowed for work done 46,640 Compute the total overhead variance. Total overhead variance $ V The standard cost of Product B manufactured by Sunland Company includes 2.2 units of direct materials at $5.60 per unit. During June, 26,700 units of direct materials are purchased at a cost of $5.35 per unit, and 26,700 units of direct materials are used to produce 12,000 units of Product B. (a) Compute the total materials variance and the price and quantity variances. Total materials variance $ V Materials price variance 35 V Materials quantity variance $ V (M Compute the total materials variance and the price and quantity variances, assuming the purchase price is $5.70 and the quantity purchased and used is 26,900 units. Total materials variance $ v Materials price variance $ V Materials quantity variance $ v